Covalis Capital LLP Quant / Systematic

Location: London, United Kingdom

CIK: 0001698819 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $357M (100.0% shares, 0.0% debt)

Holdings (34)

— LI-CYCLE HOLDINGS CORP 19.7%

Value $70.22M Shares 12,472,423 Est. Cost $7.47 Unrealized —

NFE NEW FORTRESS ENERGY INC 13.1%

Value $46.56M Shares 1,582,067 Est. Cost $40.18 Unrealized -12.3%

ENPH ENPHASE ENERGY INC 9.1%

Value $32.48M Shares 154,452 Est. Cost $216.60 Unrealized 0.0%

— ZIMMER ENERGY TRANSITION ACQ 5.7%

Value $20.26M Shares 2,000,001 Est. Cost $9.73 Unrealized —

PPL PPL CORP 5.2%

Value $18.59M Shares 668,775 Est. Cost $25.10 Unrealized +2.0%

— ENVIVA INC 5.2%

Value $18.58M Shares 643,477 Est. Cost $54.92 Unrealized —

CMS CMS ENERGY CORP 4.6%

Value $16.31M Shares 265,753 Est. Cost $59.17 Unrealized -5.2%

AXTA AXALTA COATING SYS LTD 3.8%

Value $13.58M Shares 448,479 Est. Cost $27.25 Unrealized +5.4%

DOW DOW INC 2.9%

Value $10.18M Shares 185,737 Est. Cost $47.30 Unrealized 0.0%

ECL ECOLAB INC 2.4%

Value $8.612M Shares 52,029 Est. Cost $150.99 Unrealized 0.0%

PCG PG&E CORP 2.1%

Value $7.616M Shares 471,012 Est. Cost $15.62 Unrealized 0.0%

KMB KIMBERLY-CLARK CORP 2.1%

Value $7.396M Shares 55,107 Est. Cost $116.26 Unrealized 0.0%

NEXT NEXTDECADE CORP 2.0%

Value $7.294M Shares 1,467,665 Est. Cost $5.86 Unrealized -0.8%

TIMB TIM S A 2.0%

Value $6.988M Shares 565,355 Est. Cost $10.97 Unrealized —

AMT AMERICAN TOWER CORP NEW 1.8%

Value $6.367M Shares 31,161 Est. Cost $189.59 Unrealized 0.0%

ES EVERSOURCE ENERGY 1.7%

Value $6.224M Shares 79,530 Est. Cost $75.91 Unrealized -8.6%

SEDG SOLAREDGE TECHNOLOGIES INC 1.6%

Value $5.683M Shares 18,698 Est. Cost $265.36 Unrealized +14.9%

— LIVENT CORP 1.6%

Value $5.64M Shares 259,684 Est. Cost $19.87 Unrealized —

VVV VALVOLINE INC 1.5%

Value $5.258M Shares 150,488 Est. Cost $34.78 Unrealized 0.0%

DD DUPONT DE NEMOURS INC 1.5%

Value $5.215M Shares 72,665 Est. Cost $25.00 Unrealized +14.7%

— WAVERLEY CAPITAL ACQUIS CORP 1.4%

Value $5.1M Shares 500,000 Est. Cost $9.70 Unrealized —

ECVT ECOVYST INC 1.4%

Value $5.097M Shares 461,251 Est. Cost $10.34 Unrealized +0.0%

HXL HEXCEL CORP NEW 1.2%

Value $4.132M Shares 60,542 Est. Cost $67.84 Unrealized 0.0%

ATO ATMOS ENERGY CORP 1.1%

Value $4.022M Shares 35,792 Est. Cost $105.88 Unrealized 0.0%

HYG ISHARES TR 1.1%

Value $3.777M Shares 50,000 Est. Cost — Unrealized —

LIN LINDE PLC 0.8%

Value $2.936M Shares 8,261 Est. Cost $322.30 Unrealized 0.0%

CC CHEMOURS CO 0.8%

Value $2.69M Shares 89,836 Est. Cost $29.44 Unrealized 0.0%

NMG NOUVEAU MONDE GRAPHITE INC 0.6%

Value $2.036M Shares 396,850 Est. Cost $5.57 Unrealized -7.8%

NEE NEXTERA ENERGY INC 0.6%

Value $2.023M Shares 26,249 Est. Cost $68.84 Unrealized +2.6%

XLI SELECT SECTOR SPDR TR 0.4%

Value $1.54M Shares 15,225 Est. Cost $91.59 Unrealized —

EOSE EOS ENERGY ENTERPRISES INC 0.4%

Value $1.511M Shares 588,028 Est. Cost $1.74 Unrealized 0.0%

— NORTHERN STAR INVEST CORP IV 0.3%

Value $1.007M Shares 100,000 Est. Cost $9.85 Unrealized —

— FTC SOLAR INC 0.2%

Value $822K Shares 365,306 Est. Cost $2.25 Unrealized —

VALE VALE S A 0.2%

Value $801K Shares 50,792 Est. Cost $15.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	LI-CYCLE HOLDINGS CORP	12,472,423	$70.22M	19.7%	$7.47	—	COMMON SHARES	50202P105
NFE	NEW FORTRESS ENERGY INC	1,582,067	$46.56M	13.1%	$40.18	-12.3%	COM CL A	644393100
ENPH	ENPHASE ENERGY INC	154,452	$32.48M	9.1%	$216.60	0.0%	COM	29355A107
—	ZIMMER ENERGY TRANSITION ACQ	2,000,001	$20.26M	5.7%	$9.73	—	COM CL A	989570106
PPL	PPL CORP	668,775	$18.59M	5.2%	$25.10	+2.0%	COM	69351T106
—	ENVIVA INC	643,477	$18.58M	5.2%	$54.92	—	COM	29415B103
CMS	CMS ENERGY CORP	265,753	$16.31M	4.6%	$59.17	-5.2%	COM	125896100
AXTA	AXALTA COATING SYS LTD	448,479	$13.58M	3.8%	$27.25	+5.4%	COM	G0750C108
DOW	DOW INC	185,737	$10.18M	2.9%	$47.30	0.0%	COM	260557103
ECL	ECOLAB INC	52,029	$8.612M	2.4%	$150.99	0.0%	COM	278865100
PCG	PG&E CORP	471,012	$7.616M	2.1%	$15.62	0.0%	COM	69331C108
KMB	KIMBERLY-CLARK CORP	55,107	$7.396M	2.1%	$116.26	0.0%	COM	494368103
NEXT	NEXTDECADE CORP	1,467,665	$7.294M	2.0%	$5.86	-0.8%	COM	65342K105
TIMB	TIM S A	565,355	$6.988M	2.0%	$10.97	—	SPONSORED ADR	88706T108
AMT	AMERICAN TOWER CORP NEW	31,161	$6.367M	1.8%	$189.59	0.0%	COM	03027X100
ES	EVERSOURCE ENERGY	79,530	$6.224M	1.7%	$75.91	-8.6%	COM	30040W108
SEDG	SOLAREDGE TECHNOLOGIES INC	18,698	$5.683M	1.6%	$265.36	+14.9%	COM	83417M104
—	LIVENT CORP	259,684	$5.64M	1.6%	$19.87	—	COM	53814L108
VVV	VALVOLINE INC	150,488	$5.258M	1.5%	$34.78	0.0%	COM	92047W101
DD	DUPONT DE NEMOURS INC	72,665	$5.215M	1.5%	$25.00	+14.7%	COM	26614N102
—	WAVERLEY CAPITAL ACQUIS CORP	500,000	$5.1M	1.4%	$9.70	—	SHS CL A	G06536109
ECVT	ECOVYST INC	461,251	$5.097M	1.4%	$10.34	+0.0%	COM	27923Q109
HXL	HEXCEL CORP NEW	60,542	$4.132M	1.2%	$67.84	0.0%	COM	428291108
ATO	ATMOS ENERGY CORP	35,792	$4.022M	1.1%	$105.88	0.0%	COM	049560105
HYG	ISHARES TR	50,000	$3.777M	1.1%	—	—	Put	464288513
LIN	LINDE PLC	8,261	$2.936M	0.8%	$322.30	0.0%	SHS	G54950103
CC	CHEMOURS CO	89,836	$2.69M	0.8%	$29.44	0.0%	COM	163851108
NMG	NOUVEAU MONDE GRAPHITE INC	396,850	$2.036M	0.6%	$5.57	-7.8%	COM NEW	66979W842
NEE	NEXTERA ENERGY INC	26,249	$2.023M	0.6%	$68.84	+2.6%	COM	65339F101
XLI	SELECT SECTOR SPDR TR	15,225	$1.54M	0.4%	$91.59	—	SBI INT-INDS	81369Y704
EOSE	EOS ENERGY ENTERPRISES INC	588,028	$1.511M	0.4%	$1.74	0.0%	COM CL A	29415C101
—	NORTHERN STAR INVEST CORP IV	100,000	$1.007M	0.3%	$9.85	—	COM CL A	66575B101
—	FTC SOLAR INC	365,306	$822K	0.2%	$2.25	—	COM	30320C103
VALE	VALE S A	50,792	$801K	0.2%	$15.78	—	SPONSORED ADS	91912E105